On Tuesday June 6th, 2023, the D.C. Council approved emergency legislation that will lower the caps on annual rent increases for Rent Control Year 2023 (5/1/23 to 4/30/24). The “Rent Stabilized Housing Inflation Protection Emergency Amendment Act of 2023” imposes a cumulative cap on annual rent increases for the 24-month period between 5/1/23 and 4/30/25 of 8% for elderly and disability tenants, and 12% for all other tenants. This means that if a landlord followed the Rental Housing Commission’s January 2023 determination and increased the rent by 8.9% (our original post on that determination can be found here), then next year’s increase can be no greater than 3.1% (i.e., 8.9 + 3.1 = 12.0).
There are other provisions in this new law regarding issuance of revised rent increase notices, as well as refunds of overpayments of rent increases.
Please give us a call to discuss these nuanced issues in detail.
